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International Services

Global markets can present abundant growth opportunities. But to turn these opportunities into expanded sales, improved market position and new outlets to source materials, products and components, you need the instincts and knowledge to address a number of foreign exchange and trade finance issues, including the following:

Control the impact of currency fluctuation on profitability;
Mitigate the foreign credit risk inherent in exporting;
Position your company as a financially dependable trading partner;
Manage cash flow to support export sales;
Ensure that all trade documents meet appropriate payment mechanism requirements.

Together, Harris and Bank of Montreal (BMO) have the technical knowledge and broad resources to help you seize the right international trade opportunities. Our systems technology provides additional value—and creates competitive advantage—by reducing processing time, improving accuracy and enhancing information reporting. The following capabilities are offered:

Foreign Exchange
All major and minor currencies in spot and forward markets;
Option products and strategies;
Dominant position in Canadian Dollar foreign exchange market;
24 hour trading desk in Chicago that takes orders, watches call levels, prices and executes trades, and provides expert market analysis around the clock;
One of the top research departments that provides market, political and economic commentaries, as well as currency forecasts.
Trade Finance. Our expansive network includes Trade Finance professionals in North America and key international markets, plus correspondent banking relationships in some 120 countries through BMO. Our Trade Finance personnel are experts in their field, and we have forged a group that provides imaginative, effective solutions for commercial and industrial companies of all sizes. Products and services include:
Import and export letter of credit processing, including electronic issuance;
Export letter of credit confirmation, processing and discounting;
Documentary collections;
Structured trade finance, including export credit agency expertise;
Issuance of stand-by letters of credit.

To learn more about our capabilities, please call us at 1-888-489-2265.





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Brokerage (including mutual funds and annuities) and investment advisory services are offered through Harris Investor Services, Inc. Member FINRA/SIPC . SEC-registered investment adviser. Insurance offered through Harris Bancorp Insurance Services, Inc. Harris Investor Services, Inc. and Harris Bancorp Insurance Services, Inc. are affiliated companies. Products offered are: NOT A DEPOSIT - NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY - NOT GUARANTEED BY ANY BANK - MAY LOSE VALUE.

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